Wednesday, 5 October 2011

Donut Sized hole Found in Global Economy

A hole the size of donut has been found in the centre of the global economy according to researchers at a German university. The economics PHD students at Leipzig College in Belsen said that after three years of intensive research they had discovered a hole the size of a donut in the centre of the global economic and banking system. “And it is this hole that is not so much the cause but the effect of the world’s banking problems,” said the team’s representative, Dr Klaus Florian. European leaders need to work together to fill the hole said Dr Florian. “Then the problems will be fixed,” he said. “It is not right that the global economy looks like a donut. This is the wrong shape for business and growth.” 

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